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Project Overview
Venus Protocol is a decentralized lending platform that lives on the BNB Chain. At its core, Venus is a money market protocol that enables lenders to generate yield on their tokens by providing loans, and borrowers to take out loans using $XVS and a variety of other currencies as collateral.
Related news
Venus Protocol Announces Closure of vSXP Market on May 11
Venus Protocol announced that, due to insufficient oracle support and continuously declining liquidity, the vSXP market will be unable to price assets after May 11, and Venus Protocol has officially decided to shut down this market. Venus Protocol urges users to close all positions in this market before May 11. According to the official statement, Venus Protocol will bear no responsibility for any funds remaining unwithdrawn by that date.
Venus Attacker Transfers 2,301 ETH, Then Launders in Batches via Tornado Cash
According to on-chain analyst Ai Yi's monitoring, the Venus attacker transferred 2,301 ETH (approximately $5.32 million) to address 0xa21…23A7f 11 hours ago. Subsequently, the funds were laundered in batches via Tornado Cash. Currently, there is still $17.45 million worth of ETH remaining on-chain.
Venus Protocol Announces Shutdown of Standalone Pools; Withdrawals Remain Open
Venus Protocol, a decentralized lending protocol, announced on X that its isolated pools have been discontinued and all pools are now paused. However, user funds remain safe, and withdrawals are still available. Users can choose to migrate or withdraw their assets depending on whether those assets are on Venus Core.